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Indo Dutch Forum - India, Netherlands Sign 4 MoUs in the Water Sector

  • On his visit to India, on May 24, Dutch PM Mark Rutte and his delegation signed a total of 51 MoUs/agreements between India and the Netherlands. The MoUs/agreements spanned over a variety of sectors including agrifood & horticulture, smart cities, water, and sustainability.

    The countries have signed a total of four MoUs in the water sector:

    1. Arcadis, a Dutch global design, engineering and management consulting company, and Tata Consulting Engineers signed a MoU to strengthen their collaboration on a variety of water management and ports & waterways related projects. The MoU reflects the basic terms and conditions under which companies shall collaborate for the submission of proposals for the awarding of projects in selected geographical areas and on selected business themes.

    2. Imotec Projects, a Dutch company which operates in the maritime and offshore market, and Reliance Naval & Engineering Ltd., signed a MoU to make dredgers in India. The cooperation will involve building dredgers for the local market and for specific applications. Reliance will build the dredgers on their shipyard and Imotec Projects will deliver dredging technology/equipment.

    3. An MoU was signed between KPMG India, the Dutch non-profit WASTE and the Lucknow-based non-profit FINISH (Financial Inclusion improves Sanitation and Health) Society to establish the Sanitation Impact Bond. Other involved parties are Cashpor Micro Credit, which provides microfinance to below poverty line women in UP and Bihar, and ESAF, one of the new age social banks in India started in 2017. The Bond will help make additional funds available for further scaling of the program to address the sanitation challenge.

    4. Dutch non-profits WASTE, and Aqua for All along with air ambulance service provider in Africa - Amref Flying Doctors, signed a MoU to scale up the FINISH model, whose ultimate objective is to make safe sanitation and improved health a reality for all by 2030, thereby contributing to Sustainable Development Goals #3, #6 and #17.